Sr. Commercial Credit Analyst
Company: Newburyport Bank
Posted on: January 15, 2022
Newburyport Bank is a premier community bank in the Greater
Seacoast looking to expand our team. If you are seeking an
organization who treats customers, employees, and community members
with respect, fairness, and an unwavering commitment to
professional growth and development, apply now.
We are hiring a senior commercial credit analyst to analyze all
relevant credit and financial data used in evaluating the
creditworthiness of commercial borrowers. The analyst will prepare
a comprehensive and objective credit analysis of new, renewing, and
existing loan relationships to assist management in the loan
decision making process.
Appraisal and Review:
-- Performs annual review of commercial borrowers and assists
commercial department with report preparation and other duties as
-- Recognizes and assesses pertinent risks and identifies the
impact of non-financial and external factors, which range from
general economic issues to industry and management issues and may
impact the borrower's ability to meet its obligations.
-- Spreads financial statements and maintains financial
spreadsheets accurately while completing preliminary review of
personal and corporate credit worthiness for potential new
-- Gathers and assimilates appropriate data for each credit
analysis and determines the need to request additional information
to complete work assignments on a timely basis, meeting applicable
deadlines and working independently.
-- Identifies potential or developing problems within the loan
portfolio and recommends action plans and risk rating adjustments
-- Supports ongoing credit file maintenance and overall commercial
loan quality control while assisting the commercial loan
origination staff in various related support functions.
-- Remains current on all Bank credit policies and existing
regulations, verifying conformity, and noting exceptions in
existing and prospective credit relationships.
-- Occasionally assists Commercial Lenders with constructions site
visits, inspections, customer visits and customer meetings.
-- Assists Commercial Loan Officers with structuring commercial
-- Provide administrative support to the Credit Administration Team
and Commercial Lending Officers as requested
Bachelor's Degree in accounting, finance, economics, or business
Minimum of 3 years of Commercial Credit/Banking and/or related
Strong understanding of commercial lending financial analysis and
business structures, corporate and personal financial statements to
determine credit worthiness and risk, ability to translate market
data and valuation calculations in appraisal reports.
Detail orientation, ability to work successfully with deadlines and
time constraints, ability to learn and apply basics of the Bank's
products and services including loan products, self-motivation and
decision-making skills required
Working knowledge of general banking and lending concepts and
principals in addition to strong experience with and understanding
of Microsoft applications (Word, Excel and Outlook).
Keywords: Newburyport Bank, Lowell , Sr. Commercial Credit Analyst, Professions , Newburyport, Massachusetts
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